This property looks like a bad Long-Term investment with a projected -13.49% first-year return on $56,679 initial cash invested.
-13.49%
Cash On Cash
3.74%
Cap Rate
0.6
DSCR
$1,335
Rent
-$637
Cashflow
Cash Flow
$1,335 income − $1,972 expenses = $637 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,335
Total Expenses
$1,972
Mortgage P&I
106%
$1,411
Property Taxes
9%
$119
Home Insurance
7%
$94
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0